Second Life’s “Wild West” — the land of start-ups and no cops, yet

Second Life’s “Wild West” — the land of start-ups and no cops, yet

The buzz around the growth of virtual world site, Second Life, is drawing more scrutiny from real-world regulators who fear they’re losing grip with the growing economy.

The site appears to have hit a sort of critical mass — and the attention is fueling even more activity.

A U.S. congressional committee has launched an investigation of the site, to see that people pay taxes properly on income they make at the site. Outsiders are scratching their… Continue Reading

Chinese-U.S. spy wars in Silicon Valley; Are you safe?

Chinese-U.S. spy wars in Silicon Valley; Are you safe?

FBI investigators want to charge two men for spying in Silicon Valley to benefit China, and they say it is just the tip of a massive effort by the Chinese government to set up front companies to do this sort of thing.

In the latest case, they say Lan Lee, an American citizen, and Yoefei Ge, a Chinese national, stole chip designs and software from their employers NetLogic Microsystems of Mountain View and Taiwan Semiconductor… Continue Reading